Exhibit 99.1

Contact:	W. John Fuller
	For LNB Bancorp, Inc.
	216.978.7643

LNB BANCORP, INC. REPORTS FOURTH QUARTER
EARNINGS INCREASE 81 PERCENT

• Solid commercial loan growth

• Credit quality shows improvement in second half of the year

• Subprime mortgage financial crisis has minimal impact on bank

LORAIN, Ohio—January 31, 2008—LNB Bancorp, Inc. (NASDAQ:LNBB) today reported financial results for the fourth quarter and full year ended December 31, 2007.

Net income for the fourth quarter of 2007 was $1,668,000, or $0.23 per diluted share, up 81.7 percent from net income of $918,000 or $0.14 per diluted share, for the fourth quarter of 2006. Net income for 2007 totaled $5,512,000, or $0.79 per diluted share, compared to net income of $5,424,000, or $0.84 per diluted share, for 2006. Much of the growth in net income came in the second half of the year which increased 54% over the first half of 2007.

Both the fourth quarter and full year of 2006 results were impacted by an increase in the provision for loan losses. Earnings per share were affected by the issuance of 851,990 shares in May, 2007 as part of the acquisition of Morgan Bancorp.

“The 54 percent improvement in performance in the second half of 2007 over the first six months of the year was very encouraging and is further testimony to the solid progress we are continuing to make with our long-term strategy,” said Daniel E. Klimas, president and chief executive officer of LNB Bancorp, Inc. Specifically, Klimas pointed to a significant increase in commercial loan growth and improved credit quality.

“Non-performing loans in the fourth quarter of 2007 declined $2 million, or 15.5 percent, from the same period a year ago. This improvement in overall credit quality is very heartening and is a reflection of the additional controls we implemented over our credit administration process over the past 15 months,” said Klimas. The majority of this improvement was primarily due to loans becoming current or paid-off.

“The investments we have made in facilities and personnel over the past two years have enhanced the bank’s income and opportunities for growth,” said Klimas. These investments include the acquisition of Morgan Bancorp of Hudson, Ohio last May, the construction of two offices in high growth areas of Lorain County and the opening of a business development office in adjoining Cuyahoga County.

“With these positive developments, we continue to create a community bank of scale that is competing effectively in our markets,” he said. “We genuinely appreciate the

efforts of our associates and value the strategic support of our board of directors in these positive developments.”

“While we expect to operate in a difficult economic environment in 2008, we will continue our focus on growing revenue, effectively managing our expenses and improving our credit quality,” said Klimas.

Fourth Quarter Review

Fourth quarter net interest income totaled $7.8 million, up $927,000 from the same period a year ago. While some of this increase was attributable to the acquisition of Morgan Bank of Hudson, Ohio in May 2007, the Company experienced solid growth in commercial loans and an increase in interest income from securities. Average earning assets increased 19 percent in the last quarter of 2007 compared with the same quarter a year ago.

The fourth quarter continued to prove to be a difficult banking environment with a rapidly changing yield curve and a challenging competitive environment. The net interest margin was 3.24 percent for the fourth quarter of 2007, down seven basis points from 3.31 percent for the third quarter of 2007 and 26 basis points from 3.50 percent for the fourth quarter of 2006.

Noninterest income was $3.1 million for the fourth quarter of 2007, an increase of $273,000, or 9.75 percent, compared to the fourth quarter of 2006. The increase was largely from net gains of $233,000 recorded on the sale of indirect loans and mortgage loans to the secondary market. The Company retains the servicing rights for these loans. The sale of high quality indirect loans was a primary activity of Morgan Bank prior to the acquisition and is continued by the Company.

Other types of non-interest income grew as well, including an increase of $198,000 in service charges on deposit accounts and ATM charges reflecting continued momentum in fee-based services The fourth quarter of 2006 included a gain of $234,000 on the sale of Other Real Estate Owned as compared to $38,000 during the fourth quarter of 2007.

Non-interest expense was $8.1 million for the quarter as compared to $7.3 million for the fourth quarter of 2006. Increases of approximately $372,000 in occupancy, postage, supplies and delivery, telephone and furniture and equipment primarily are associated with the Morgan acquisition as well as other facilities opened in over the past two years. While making these significant investments for the future, the Company has had success in limiting related increases in overhead expense. The Company also expects to achieve considerable savings in technology costs as LNB and Morgan systems were merged during December 2007. The $744,000 increase in non-interest expense also includes an increase of $208,000 in expenses related to Other Real Estate Owned such as real estate taxes and insurance costs, as well as an increased level of other operating charge-offs and losses primarily related to overdrafts as the economy continues to weaken.

The provision for loan losses was $578,000 for the fourth quarter of 2007, down from $787,000 for the fourth quarter of 2006. Annualized net charge-offs were 0.38 percent of average loans for the quarter compared to 0.24 percent for the fourth quarter of 2006. Non-performing assets to total assets were 1.26 percent at December 31, 2007 compared to 1.37 percent at September 30, 2007 and 1.66 percent at December 31, 2006. Of the $13.3 million of non-performing assets at December 31, 2007, $10.8 were primarily nonperforming commercial loans and approximately $2.5 million is other real estate or repossessed assets in which collateral held is considered collectible. The Company does not make subprime mortgage loans and was, therefore, not significantly impacted by the subprime mortgage financial crisis this year. The allowance for loan losses was 1.04 percent of total loans at December 31, 2007 compared to 1.16 percent at December 31, 2006.

Full year 2007 Review

Net interest income for 2007 was $29.7 million, compared to $28.6 million for the same period a year ago. The net interest margin 2007 was 3.39 percent versus 3.78 percent for 2006. During the second quarter of 2007, the Company completed two private offerings of trust preferred securities which reduced the net interest margin 10 basis points for 2007.

The Company’s progress in improving its credit quality in the commercial real estate development sector is reflected in a lower level of nonperforming loans at December 31, 2007 as compared to December 31, 2006. The local and national economic conditions are not expected to improve substantially for at least the next several months, but the Company continues to work on strategies to further increase net interest margin and reduce nonperforming loans.

Noninterest income this year was $11,499,000, a 17.9 percent increase from the $9,751,000 for the same period in 2006. The increase was largely from net gains recorded on the sale of indirect loans and mortgage loans to the secondary market.

Total assets increased by $205.5 million from December 31, 2006 to $1.1 billion at December 31, 2007. Over the same twelve month period, portfolio loans increased by $125.3 million to $753.6 million, and total deposits increased $139.7 million to $856.9 million. The Company experienced solid growth in its commercial loan portfolio and core deposits during 2007. The Morgan Bancorp acquisition during the second quarter of this year contributed $93.1 million in loans and $101.9 million in deposits.

About LNB Bancorp, Inc.

LNB Bancorp, Inc. is a $1.1 billion financial holding company. Its major subsidiary, The Lorain National Bank, is a full-service commercial bank, specializing in commercial, personal banking services, residential mortgage lending and investment and trust services. The Lorain National Bank and Morgan Bank serve customers through 21 retail-

banking locations and 29 ATMs in Lorain, eastern Erie, western Cuyahoga and Summit counties. North Coast Community Development Corporation is a wholly owned subsidiary of The Lorain National Bank. Brokerage services are provided by the bank through an agreement with Investment Centers of America. For more information about LNB Bancorp, Inc., and its related products and services or to view its filings with the Securities and Exchange Commission, visit us at http://www.4lnb.com.

This press release contains forward-looking statements within the meaning of the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995. Terms such as “will,” “should,” “plan,” “intend,” “expect,” “continue,” “believe,” “anticipate” and “seek,” as well as similar expressions, are forward-looking in nature. Actual results and events may differ materially from those expressed or anticipated as a result of risks and uncertainties which include fluctuations in interest rates, inflation, government regulations, and economic conditions and competition in the geographic and business areas in which LNB Bancorp, Inc. conducts its operations, as well as the risks and uncertainties described from time to time in LNB Bancorp’s reports as filed with the Securities and Exchange Commission. We undertake no obligation to review or update any forward-looking statements, whether as a result of new information, future events or otherwise.

CONSOLIDATED BALANCE SHEETS

	At December 31,
	2007			2006
	(Dollars in thousands except share amounts)
ASSETS
Cash and due from Banks	$	23,523		$	29,122
Federal funds sold and short-term investments		—			—
Securities:
Trading securities		33,402			—
Available for sale, at fair value		179,424			155,810
Federal Home Loan Bank and Federal Reserve Bank Stock		4,579			3,248
Investment in trust preferred securities		620			—
Total securities		218,025			159,058
Loans:
Loans held for sale		4,724			—
Portfolio loans		753,598			628,333
Allowance for loan losses		(7,820	)		(7,300	)
Net loans		750,502			621,033
Bank premises and equipment, net		13,328			12,599
Other real estate owned		2,478			1,289
Bank owned life insurance		15,487			14,755
Goodwill and intangible assets, net		23,617			3,157
Accrued interest receivable		4,074			3,939
Other assets		5,611			6,146
Total Assets	$	1,056,645		$	851,098
LIABILITIES AND SHAREHOLDERS’ EQUITY
Deposits
Demand and other noninterest-bearing	$	88,812		$	91,216
Savings, money market and interest-bearing demand		331,306			278,401
Certificates of deposit		436,823			347,644
Total deposits		856,941			717,261
Short-term borrowings		42,105			22,163
Federal Home Loan Bank advances		44,207			35,086
Junior subordinated debentures		20,676			—
Accrued interest payable		4,564			3,698
Accrued taxes, expenses and other liabilities		5,499			4,193
Total Liabilities		973,992			782,401
Shareholders’ Equity
Common stock, par value $1 per share, authorized 15,000,000 shares,
issued 7,623,857 shares at December 31, 2007 and 6,771,867 at December 31, 2006.		7,624			6,772
Preferred Shares, Series A Voting, no par value, authorized 750,000 shares, none issued at December 31, 2007 and 2006.		—			—
Additional paid-in capital		37,712			26,382
Retained earnings		42,951			43,728
Accumulated other comprehensive loss		458			(2,093	)
Treasury shares at cost, 328,194 shares at December 31, 2007 and at December 31, 2006		(6,092	)		(6,092	)
Total Shareholders’ Equity		82,653			68,697
Total Liabilities and Shareholders’ Equity	$	1,056,645		$	851,098

Consolidated Statements of Income (unaudited)

	Three Months Ended				Twelve Months Ended
	December 31,				December 31,
	2007		2006		2007		2006
	(Dollars in thousands except share and per share amounts)
Interest Income
Loans	$	13,279	$	11,110	$	49,889	$	42,800
Securities:
U.S. Government agencies and corporations		1,901		1,450		6,771		5,699
State and political subdivisions		163		134		606		464
Trading securities		377		—		817		—
Other debt and equity securities		81		52		285		202
Federal funds sold and short-term investments		56		4		394		77
Total interest income		15,857		12,750		58,762		49,242
Interest Expense
Deposits:
Certificates of deposit, $100 and over		2,680		2,066		9,256		6,884
Other deposits		4,419		3,188		16,279		11,261
Federal Home Loan Bank advances		320		358		1,555		1,585
Short-term borrowings		264		250		1,076		895
Other interest expense		359		—		926		10
Total interest expense		8,042		5,862		29,092		20,635
Net Interest Income		7,815		6,888		29,670		28,607
Provision for Loan Losses		578		1,365		2,255		2,280
Net interest income after provision for loan losses		7,237		5,523		27,415		26,327
Noninterest Income
Investment and trust services		577		542		2,170		2,079
Deposit service charges		1,268		1,199		4,725		4,533
Other service charges and fees		633		504		2,339		1,948
Income from bank owned life insurance		201		265		732		739
Other income		123		56		396		216
Total fees and other income		2,802		2,566		10,362		9,515
Securities gains, net		13		—		274		—
Gains on sale of loans		220		—		766		—
Gains (losses) on sale of other assets, net		38		234		97		236
Total noninterest income		3,073		2,800		11,499		9,751
Noninterest Expense
Salaries and employee benefits		3,846		3,908		15,708		14,894
Furniture and equipment		949		757		3,515		2,984
Net occupancy		573		492		2,256		1,905
Outside services		498		349		1,815		1,609
Marketing and public relations		180		210		1,116		1,279
Supplies, postage and freight		371		324		1,357		1,236
Telecommunications		226		174		849		751
Ohio Franchise tax		184		181		788		817
Other real estate owned		280		72		585		131
Electronic banking expenses		210		152		803		618
Other charge-offs and losses		189		120		576		410
Other expense		544		567		2,383		2,351
Total noninterest expense		8,050		7,306		31,751		28,985
Income before income tax expense		2,260		1,017		7,163		7,093
Income tax expense		592		99		1,651		1,669
Net Income	$	1,668	$	918	$	5,512	$	5,424
Net Income Per Common Share
Basic	$	0.23	$	0.14	$	0.79	$	0.84
Diluted		0.23		0.14		0.79		0.84
Dividends declared		0.18		0.18		0.72		0.72
Average Common Shares Outstanding
Basic		7,295,663		6,443,673		6,992,215		6,461,892
Diluted		7,295,663		6,443,673		6,992,215		6,462,094

LNB Bancorp, Inc.
Supplemental Financial Information
(Unaudited — Dollars in thousands except Share and Per Share Data)

	Three Months Ended											Twelve Months Ended
		December 31,			September 30,			December 31			December 31,			December 31,
		2007			2007			2006			2007			2006
END OF PERIOD BALANCES
Assets		$	1,056,645		$	1,019,197		$	851,098		$	1,056,645		$	851,098
Deposits			856,941			834,323			717,261			856,941			717,261
Portfolio loans			753,598			728,624			628,333			753,598			628,333
Allowance for loan losses			7,820			7,951			7,300			7,820			7,300
Shareholders’ equity			82,653			81,340			68,697			82,653			68,697
AVERAGE BALANCES
Assets:
Total assets		$	1,032,796		$	1,019,758		$	801,295		$	957,782		$	819,635
Earning assets			956,860			937,937			752,410			886,832			763,899
Securities			214,137			200,085			157,429			188,430			162,780
Portfolio loans			742,723			737,853			594,980			698,401			601,119
Liabilities and shareholders’ equity:
Total deposits		$	858,921		$	820,578		$	693,993		$	793,764		$	679,818
Interest bearing deposits			772,660			734,185			586,507			709,411			596,041
Interest bearing liabilities			853,309			841,952			637,482			786,299			660,748
Total shareholders’ equity			82,775			81,964			70,001			78,042			68,735
INCOME STATEMENT
Net interest income		$	7,815		$	7,828		$	6,888		$	29,670		$	28,607
Net interest income-FTE (1)			7,916			7,927			6,977			30,052			28,876
Provision for loan losses			578			441			1,365			2,255			2,280
Noninterest income			3,073			3,004			2,800			11,499			9,751
Noninterest expense			8,050			8,334			7,306			31,751			28,985
Taxes			592			384			99			1,651			1,669
Net income			1,668			1,673			918			5,512			5,424
Total revenue			10,888			10,832			9,688			41,169			38,358
PER SHARE DATA
Basic net income per common share		$	0.23		$	0.23		$	0.14		$	0.79		$	0.84
Diluted net income per common share			0.23			0.23			0.14			0.79			0.84
Cash dividends per common share			0.18			0.18			0.18			0.72			0.72
Basic average common shares outstanding			7,295,663			7,295,663			6,443,673			6,992,215			6,461,892
Diluted average common shares outstanding			7,295,663			7,295,663			6,443,684			6,992,215			6,462,094
KEY RATIOS
Return on average assets (2)			0.64	%		0.65	%		0.45	%		0.58	%		0.66	%
Return on average common equity (2)			7.99	%		8.10	%		5.20	%		7.06	%		7.89	%
Efficiency ratio			73.26	%		76.24	%		74.73	%		76.41	%		75.04	%
Noninterest expense to average assets (2)			3.09	%		3.24	%		3.62	%		3.32	%		3.54	%
Average equity to average assets			8.01	%		8.04	%		8.74	%		8.15	%		8.39	%
Net interest margin			3.24	%		3.31	%		3.63	%		3.35	%		3.74	%
Net interest margin (FTE) (1)			3.28	%		3.35	%		3.68	%		3.39	%		3.78	%
ASSET QUALITY
Nonperforming loans		$	10,831		$	10,942		$	12,812		$	10,831		$	12,812
Other real estate owned			2,478			3,053			1,289			2,478			1,289
Total nonperforming assets			13,309			13,995			14,101			13,309			14,101
Net Charge Offs			708			605			369			2,832			1,602
Total nonperforming loans to total loans			1.44	%		1.50	%		2.04	%		1.44	%		2.04	%
Total nonperforming assets to total assets			1.26	%		1.37	%		1.66	%		1.26	%		1.66	%
Net charge-offs to average loans (2)			0.38	%		0.33	%		0.25	%		0.41	%		0.27	%
Allowance for loan losses			1.04	%		1.09	%		1.16	%		1.04	%		1.16	%
Allowance to nonperforming loans			72.20	%		72.66	%		56.98	%		72.20	%		56.98	%

(1)	FTE — fully tax equivalent at 34% tax rate
(2)	Annualized